Business

Binh Phuoc posts trade surplus of 1.16 billion USD

The southern province of Binh Phuoc enjoyed a trade surplus of 1.16 billion USD in the first nine months of this year, thanks to its effective implementation of socio-economic recovery and development measures post COVID-19.
Binh Phuoc posts trade surplus of 1.16 billion USD ảnh 1At a garment factory in Binh Phuoc (Photo: VNA)
Binh Phuoc (VNA) – The southern province of Binh Phuoc enjoyed atrade surplus of 1.16 billion USD in the first nine months of this year, thanksto its effective implementation of socio-economic recovery and development measurespost COVID-19.

The provincial People’s Committee said that the localityearned 3.14 billion USD from exports in January-September, up 9.53% year-on-year,and equal to 81.6% of the yearly plan.

In the period, the import turnover reached 1.98 billion USD,up 4% year-on-year and equivalent to 81.7% of the yearly target.

Binh Phuoc’s gross regional develop product (GRDP) grew by 9.01%, and budgetrevenue hit 11.5 trillion VND (481.2 million USD), up 27.5% year-on-year.

There are 905 newly-registered enterprises, and 272 resuming operations in theprovince.

To maintain economic growth and boost import-exportactivities in the remaining months of this year, the provincial People’sCommittee has focused resources on fulfilling the assigned missions.

It is striving to collect 14.25 trillion VND for the Statebudget, disburse over 95% of public investment, and improve its business andinvestment environment./.
VNA
#southern province of Binh Phuoc #Vietnamplus #Vietnam News Agency #gross regional develop product #year-on-year #socio-economic recovery Binh Phuoc
Follow VietnamPlus

Related News

Binh Phuoc eyes more investment from Taiwan

Binh Phuoc eyes more investment from Taiwan

Binh Phuoc always welcomes and highly values potential of Taiwanese investors, Chairman of the provincial People’s Committee Tran Tue Hien stated at an online conference to promote investment from Taiwan (China) to the southern locality, on September 29.
NA Chairman congratulates Binh Phuoc on achievements

NA Chairman congratulates Binh Phuoc on achievements

National Assembly Chairman Vuong Dinh Hue congratulated the southern province of Binh Phuoc on its socio-economic achievements, during his working session with the standing board of the provincial Party Committee on October 1.

See more

Illustrative photo (Photo: VNA)

Vietnam’s coffee exports reach 1.72 billion USD in first two months

Nguyen Duc Dung, Deputy General Director of the Mercantile Exchange of Vietnam (MXV), noted that coffee prices in the global market rose sharply. As a result, Vietnam's coffee export value increased by over 37% during this period, though its export volume decreased by 22%.

Workers process shrimp products for export at a factory of Sao Ta Food Joint Stock Company in Soc Trang province. (Photo: VNA)

Vietnam becomes Brazil’s 2nd largest aquatic product supplier

According to the Department of Customs under the Ministry of Finance, Vietnam’s aquatic product exports reached $655 million in February, marking a 44.5% year-on-year increase. This brought the total for the first two months of 2025 to $1.42 billion, up 19% compared to the same period in 2024.

Credit growth will continue to be the key target in Vietnam’s new development policy, (Photo vnbusiness.vn)

HCM City bank lending growth down in 2025

According to deputy director of the State Bank of Vietnam’s HCM City office Nguyen Duc Lenh, outstanding credit as of February was 3.936 trillion, down 0.17% from December 2024 but 12.2% up year-on-year.

Authorities inspect the procedures of vehicle operators transporting goods at the Huu Nghi International Border Gate (Lang Son province). (Photo: VNA)

Customs trade hits 1.05 billion USD on first day of new model

Realising the 12th Party Central Committee's Resolution 18 on streamlining the political system’s organisational structure, on March 15, the customs sector began operating under a three-tier model: the Department of Customs, regional customs offices, and border checkpoints. This reorganisation has reduced the number of units by 485, or 53.77%, from 902

Long Hau 1 Industrial Park in Can Giuoc district, Long An province. (Photo: VNA)

Industrial real estate expects a boost from policies, FDI

The acceleration of legal obstacles removal in recent industrial real estate projects is creating growth opportunities for many businesses participating in this segment. Notably, this is also one of the key factors contributing to attracting investment and boosting growth for real estate in 2025.

Construction site of Terminal 3 (Photo: VNA)

Vietnam Airlines, Vietjet Air flights to operate from Tan Son Nhat’s new terminal in May

Designed to handle 20 million passengers annually, Terminal T3 of the Tan Son Nhat International Airport includes four main components: the passenger terminal, a multi-story parking facility integrated with non-aviation services, the elevated road system at the terminal frontage, and aircraft aprons. The total investment for the terminal is nearly 11 trillion VND (431.2 million USD), with construction beginning in December 2022

HCM City is now a regional specialised financial centre (Photo: VNA)

Vietnam should be flexible in selecting financial centre models: expert

Tuan also highlighted the importance of human capital, one of the five important factors to successfully build a financial centre, citing the Global Financial Centres Index, which ranks business environment, human capital, infrastructure, market development, and reputation as the key drivers of success.